Trading for Living -- Successfully Completed one year as Full Time Trader

[sreperu]

Taken Call ratio:

buy 27600 ce @179
Sell 27700 ce @132.8
Sell 27800 ce @95.05

Breakeven: 27949
Initial credit: 1954

 

[sreperu]

Taken Call ratio:

buy 27600 ce @179
Sell 27700 ce @132.8
Sell 27800 ce @95.05

Breakeven: 27949
Initial credit: 1954
View attachment 26918

I put it here because please do comment if I am wrong.

 

[govindheg]

I put it here because please do comment if I am wrong.

Hi,
I also tried similarly, buy 27400 and sell 27500 &27600 at net credit of 102 points. But didn’t get any money in the end, although it was in green zone for some time. It lost post 3 pm.
What about yours?

 

[sreperu]

Hi,
I also tried similarly, buy 27400 and sell 27500 &27600 at net credit of 102 points. But didn’t get any money in the end, although it was in green zone for some time. It lost post 3 pm.
What about yours?

Usually I select ATM and OTM options for call ratio, theta decay will beneficial over the weekend without any major events. Will close before 1st Aug because of RBI policy meeting on that day. Max if it becomes OTM then you will pocket initial credit otherwise need to adjust above the last short leg.

 

[mycall]

In my view any ratio trade is risky when some major event is due...

To be specific... it is better to stay at the sidelines and wait for the event to pass... smart money comes in during these events which sore up the volatility... options price tends to increase failing all calculations involved in combination trades...

 

[sreperu]

I put it here because please do comment if I am wrong.

closed the position:

Sell 27600 ce @158.1
Buy 27700 ce @115.7
Buy 27800 ce @80

Profit: rs 400/-

 

[VJAY]

Dear amrutham,
Still not out of vacation hang ?Or stopped posts in this thread...atleast post trades after market whenever time permits.....

 

[amrutham]

Dear amrutham,
Still not out of vacation hang ?Or stopped posts in this thread...atleast post trades after market whenever time permits.....

VJAY,

Busy with some personal things and not getting enough time. Will resume my posts from next week onwards.

 

[amrutham]

Successfully completed the 2nd FYERS 30 day challenge.

Profit is around 14K on initial capital of 2.96 lakhs. Net capital at the start of new challenge is 3.1 lakhs.

 

[amrutham]

July 2018 - Zerodha accounts review

In one of the accounts, the challenge was won for the 10th time.

Combined profit for two accounts in the month is around 1 lakh only, which is less than 2% of the capital.